Total assets
Write all the assets for this class, including fixed, tangible and intangible assets, and all current assets.
Total liabilities
Write all liabilities for this class, including other creditors and deferred liabilities such as loans secured by mortgage and long-term loans.
Debt deductions
Write the total debt deductions for this class, calculated in accordance with Section 820-40 of the ITAA 1997. Broadly, these are interest costs or similar or other costs incurred under or in relation to a debt interest that, apart from the thin capitalisation rules, are otherwise deductible in Australia. The most common type of debt deduction is interest paid on a business loan.
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